DOGE Falls to $0.171591, SHIB Gains 27%, But Keynote 3 Reveals Why Devs Are Flocking to Altcoin

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Speed, scalability, and usability aren’t optional for developers—they’re requirements. Dogecoin and Shiba Inu may have captured early attention with meme appeal and viral momentum, but their ecosystems weren’t built for complex applications or developer agility. As blockchain use cases expand beyond speculation into real-world utility, developers are seeking infrastructure that performs under pressure. 

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That’s where BlockDAG is gaining ground. With its scalable DAG-based design, EVM compatibility, and robust developer tools, BlockDAG offers an environment where building isn’t slowed by bottlenecks. This shift highlights a broader movement in the space: developers are prioritizing performance—and BlockDAG is checking the right boxes.

Dogecoin: From Meme to Mainstream

Dogecoin (DOGE) emerged in 2013 as a lighthearted alternative to other cryptocurrencies, drawing inspiration from the popular "Doge" meme featuring a Shiba Inu dog. However, despite its origins as a joke, Dogecoin has developed a robust community and gained significant traction in the crypto market. Functionally, operating on a decentralized peer-to-peer network, Dogecoin facilitates quick and low-cost transactions. In contrast to Bitcoin's capped supply, Dogecoin has an unlimited supply, with 10,000 new coins mined every minute, which encourages spending and tipping rather than hoarding.

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Over time, Dogecoin has experienced notable fluctuations. As of March 30, 2025, DOGE is priced at $0.171591, reflecting a decrease from its value of approximately $0.20 on the same date in 2024. This represents a decline of about 14% over the year. 

Specifically, in March 2025 alone, Dogecoin's price dropped by 14%, continuing a downward trend observed in previous months. For instance, in April 2024, after an 87% increase in March, DOGE plunged over 40% due to a price correction. Nonetheless, despite these fluctuations, Dogecoin maintains a strong market presence with a market capitalization exceeding $23 billion.

Shiba Inu: The Rise of the "Doge Killer”

Shiba Inu (SHIB) was introduced in 2020 as an Ethereum-based token, positioning itself as a "Dogecoin Killer." It operates as an ERC-20 token with a total supply initially set at one quadrillion coins. 

Half of these were locked in Uniswap for liquidity, while the other half was sent to Ethereum co-founder Vitalik Buterin, who burned 90% of his holdings, effectively removing them from circulation. Consequently, this strategic move aimed to create scarcity and drive value. Furthermore, Shiba Inu's ecosystem has expanded to include decentralized exchanges like ShibaSwap and initiatives such as NFT art incubators, fostering a vibrant community and increasing its utility. 

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In the past year, Shiba Inu has demonstrated resilience and growth. As of March 30, 2025, SHIB is trading at $0.00001271, up from approximately $0.00001000 on the same date in 2024, marking a 27% increase year-over-year. Notably, in March 2025, SHIB's price surged by 15% within 24 hours, accompanied by an 8,400% spike in its burn rate due to a significant token burn by an anonymous wallet. As a result, this reduction in circulating supply has contributed to its price appreciation. Additionally, the open interest in SHIB futures increased by 30%, surpassing $166.74 million, indicating strong trader demand. 

Developers Are Ditching Traditional Blockchains for BlockDAG

Developers are increasingly moving away from legacy blockchain platforms in favor of BlockDAG—a scalable, DAG-based Layer 1 that offers full EVM compatibility without the usual congestion or high fees. So, what’s driving this shift? It’s not just performance—it’s practicality.

To begin with, BlockDAG’s hybrid architecture eliminates the sequential limitations of traditional chains. Instead of queuing transactions one by one, BlockDAG’s directed acyclic graph structure allows blocks to be processed in parallel. That means faster confirmations, lower latency, and drastically reduced transaction costs. For instance, developers building DeFi protocols, NFT marketplaces, or real-time gaming applications no longer need to compromise between speed and decentralization.

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In terms of accessibility, the platform’s integrated Token Creation Wizard lets anyone deploy ERC-20, ERC-721, and ERC-1155 tokens with built-in functionality like minting, burning, pausing, and access control—no coding required. Meanwhile, for advanced developers, smart contracts can be deployed directly through a powerful, EVM-compatible IDE with access to low-level protocol tools and APIs.

Importantly, BlockDAG isn’t just another technical framework—it’s gaining serious traction. Its presale has raised $210 million to date, with over 19 billion coins sold. The project is currently in batch 27 at $0.0248 per coin, reflecting a 2,380% ROI since batch 1. The numbers point to developer and investor confidence in equal measure.

Builders Are Choosing Performance Over Popularity

Dogecoin and Shiba Inu carved out massive audiences and delivered impressive returns, but their technical limitations leave little room for developers seeking long-term utility. Their value is rooted in community and speculation, less so in infrastructure. 

BlockDAG, on the other hand, was designed with builders in mind. Its hybrid DAG + PoW architecture, EVM compatibility, and no-code token tools offer both power and flexibility. As the focus shifts from hype to hands-on development, platforms that support scale, speed, and ease of use will lead the way. For many developers, BlockDAG isn’t just an alternative—it’s a practical upgrade. 

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